Ben Steverman, Washington Post

Ben Steverman

Washington Post

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Recent:
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Past:
  • Washington Post
  • Bloomberg
  • ThinkAdvisor
  • BQ Prime
  • Inside Scoop SF
  • BenefitsPro.com
  • Businessweek.com

Past articles by Ben:

Why the PGA Tour’s Nonprofit Status Is in Focus With LIV Merger

Among the burning questions about professional golf’s shock merger is how the century-old PGA Tour, which is technically a nonprofit, will run once funded by one of the world’s biggest sovereign wealth funds. PGA Tour says it plans to keep its nonprofit status despite a potential infusion of cash from Saudi Arabia’s Public Investment Fund, backer of its merger partner, LIV Golf. If the deal goes… → Read More

Why PGA’s Nonprofit Status Is an Issue in LIV Golf Merger

Among the burning questions about professional golf’s shock merger is how the century-old PGA Tour, which is technically a nonprofit, will run once funded by one of the world’s biggest sovereign wealth funds. PGA Tour says it plans to keep its nonprofit status despite a potential infusion of cash from Saudi Arabia’s Public Investment Fund, backer of its merger partner, LIV Golf. If the deal goes… → Read More

Free IRS TurboTax Competitor Is Closer After Biden Funding

Intuit has warned investors for decades about the potential threat from government-funded software. → Read More

6 Takeaways From Trump’s Tax Returns

The 2015-2020 filings span hundreds of pages to account for domestic and foreign assets, credits, deductions, depreciation and more. → Read More

Big Write-Offs, Tax-Cut Perks: Key Takeaways From Trump’s Tax Returns

Massive losses and large tax deductions in Donald Trump’s returns reveal how the former president was able to use the tax code to minimize his income tax payments. → Read More

Patagonia Billionaire Who Gave Up Company Skirts $700 Million Tax Hit

Founder Yvon Chouinard structured the transfer of his firm in a way that keeps control within the family and avoids taxes. → Read More

New York Gay Bars Are Declining—and Covid Isn’t All to Blame

Climate change is the defining story of our time. Bloomberg Green brings you the news, science, and data to understand it in full. Every week, Bloomberg's Kailey Leinz speaks to thought leaders and innovators, while our reporters around the globe bring you the stories of a changing planet. Issues, data, solutions, -- this is Bloomberg Green. → Read More

America’s Inequality Problem Just Improved for the First Time in a Generation

The collective wealth of the bottom 50% of households has nearly doubled in two years. Can the fragile gains continue? → Read More

A $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest Eggs

The world’s richest nation is waking up to an unpleasant and unfamiliar sensation: It’s getting poorer. Americans’ collective net worth had been climbing at a dizzying rate for the past two years, even as families and businesses contended with the ravages of Covid-19. Households piled up an extra $38.5 trillion from early 2020 to the end of last year, bringing their collective net worth to a… → Read More

How Advisers to America’s Ultra-Rich Plan to Win on Taxes, Again

Listening in as elite lawyers discuss ways to make the tax code work even harder for the 0.1%. → Read More

Crypto Gifts Surge at Fidelity’s Philanthropic Powerhouse

Fidelity Charitable received $331 million in digital assets last year through its donor-advised funds, or DAFs. → Read More

Tax-Free Inheritances Fuel America’s New $73 Trillion Gilded Age

Almost half of all U.S. wealth transferred over the next quarter century will come from the top 1.5% of households. → Read More

Super-Rich Americans Feel Relief as Tax Hikes Are Canceled for Now

An exceptional year for wealthy Americans, at least in terms of their financial health, just got better. If West Virginia Senator Joe Manchin votes against President Joe Biden’s signature economic package, as he said he would on Sunday, rich Americans will escape any tax hikes, saving the top 0.1% hundreds of billions of dollars over the next decade. → Read More

Wealthiest Americans Feel Relief as Tax Hikes Are Canceled for Now

Manchin's vote against Biden’s economic plan means rich Americans escape tax hikes, saving hundreds of billions of dollars over the next decade. → Read More

Elon Musk Faces $10 Billion Tax Bill as He Spars With Elizabeth Warren

Elon Musk’s exercise of an unusually large number of options is boosting his claim that he’ll pay more taxes this year than any other American in history, as he spars with Senator Elizabeth Warren over wealth inequality. → Read More

Treasury Plans First Analysis of U.S. Tax Benefits by Race

The U.S. Treasury is launching an effort to examine the distribution of federal benefits and taxation by race, starting with a look at the pandemic relief payments that were due to most American households. → Read More

How Super-Wealthy Americans Fare Under Biden’s New Tax Plan

Hardest hit are those who make lots of money but have few legal options for sheltering it, like business owners. → Read More

How Super-Wealthy Americans Fare Under Biden’s New Tax Plan

If you’re wondering how President Joe Biden’s tax framework would affect rich Americans, here’s a rough scorecard. → Read More

Democrats Target ‘Buy, Borrow, Die’ With Their Billionaire Tax Plan

More than $5 trillion is held by over 800 Americans worth at least $1 billion, according to the Bloomberg Billionaires Index. → Read More

How American Billionaires Like Phil Knight Pass Wealth to Heirs Tax-Free

A case study showing how the estate tax is entirely avoidable. → Read More